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“Brazil Economists See Faster Inflation in 2010, 2011”
“Brazilian economists raised their forecast for inflation this year for the tenth consecutive week, as food costs pressure consumer prices further beyond the government’s target. Consumer prices will rise 5.58 percent this year and 5.15 percent in 2011, up from forecasts of 5.48 percent and 5.05 percent, respectively, according to the median forecast in a […]
READ MORE“The Federal Reserve to report this week they are slashing growth projections”
“The Fed has access to some of the best economists and analysts in the world, yet they still cannot make correct determinations on the state of the economy. In 2008, they continuously said we weren’t in a recession, and there would be no recession. They continuously said we were growing in production when every chart […]
READ MORE“Central Bankers Give In, And Discuss the Dollar”
““It’s hard to make a strong case” the Fed’s bond-buying program can now aid the economy through lowering rates, said Stephen Stanley, chief economist with Pierpont Securities. He said that leaves the Fed relying on the “secondary mechanisms” of monetary policy, most notably the trade benefits of a lower dollar. “They want to see [a […]
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